If you want to get the invention into production without putting in any more money yourself then you're going to need to sell the patent or licence it to someone.
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Is the invention novel and non-obvious compared to existing technologies? Does the invention have potential commercial value or market demand? Can the invention be effectively protected through a patent to prevent others from copying it?
The original Biro pen was patented by László Bíró, an Hungarian-Argentinian inventor. The Biro pen is now manufactured by various companies around the world, including BIC, a leading brand in the market.
The first semi auto handgun available commercially was the Schonberger-Lauman patented in 1892 and on the market shortly thereafter. There was at least one semi-auto pistol predating the Schonberger, but it was never manufactured for the commercial market. <><><> In addition, the Borchardt C-93 was made in 1893, but was not a commercial sucess. The Mauser C-96 (1896) was a commerical success. While it was not a sucees, the Schonberger-Lauman WAS the first patented.
The Invention of Lying grossed $18,451,251 in the domestic market.
The latest invention in communication has actually been around for a couple of years. The invention of 4G phones is the newest invention that has hit the market in communication technology.
1868 Came up with his first patented invention, an Electrical Vote Recorder.Application for this patent was signed 0n October 11, 1968. Because the invention was way ahead of its time, it was heartily denigrated by politicians... He now becomes much more oriented towards making certain there is a strong public demand and associated market for anything he tries to invent.
Has it been done before? Does it work? How will I get it manufactured? (by whom and at what cost) Will people want to buy it? (how competitive is the market I am aiming at?) How many will I need to sell to make a profit?
Has it been done before? Does it work? How will I get it manufactured? (by whom and at what cost) Will people want to buy it? (how competitive is the market I am aiming at?) How many will I need to sell to make a profit?
Patents exist to encourage research and innovation. If you are able to patent something, then no one can copy your exact idea for 20 years (depending on your invention). This allows you to control the market for your patented item to some extent. The monetary rewards available from inventing something patent-worthy encourages new creations.
By railroad
Advil is manufactured by Pfizer and has been on the market since 1984.